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HSBC CHF to ZAR Exchange Rates Compared Live

The best CHF to ZAR exchange rate is 21.06. Compare HSBC foreign transfer and currency exchange rates, find better rates & deals.

CHF-ZAR Best Exchange Rate Calculator
 

HSBC - Comparing CHF-ZAR exchange rates

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Swiss franc (CHF) to South African rand (ZAR) rates from different sources before making a conversion.

The above HSBC Franc to Rand comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged vs the latest CHF-ZAR mid-rate (see below) and the possible savings of using another provider.

 

HSBC Exchange Rates

Here we review HSBC's foreign exchange services and how their exchange rates compare to FX specialist providers, compare rates and check how you can save money when you send and spend abroad.

HSBC, also known as the Hongkong and Shanghai Banking Corporation, is a multinational investment bank and financial services company based in London, UK. HSBC operates in over 60 countries and territories, including the UK, Hong Kong, China, Canada, the US, Australia, and throughout Europe, the Middle East, and Asia. The bank is well-known for its retail banking services, investment banking, and wealth management services, and has a large and diverse customer base.

In terms of foreign exchange rates, HSBC offers competitive rates for international money transfers and foreign currency exchange services. Customers can transfer money overseas in a range of currencies, and the bank offers real-time exchange rate quotes and low transfer fees. HSBC also offers foreign currency accounts and multi-currency accounts, allowing customers to hold and manage multiple currencies in a single account.

HSBC's foreign exchange rates are competitive with other major banks and financial institutions, and the bank has a strong reputation for providing reliable and secure services. However, it is always recommended that customers compare exchange rates and fees across different FX providers to ensure they are getting the best value for their money.

When you get a quote for your Global Money Transfer from HSBC on their website or in-app, you can also see the HSBC exchange rate, but it can be difficult to then calculate how much you are being charged.

HSBC does not publish their exchange rates publicly which is frustrating. However, our research shows that on average, HSBC profit margin for foreign exchange rates is somewhere between 2.8 - 7%, depending on the amount you're sending, where you're sending it to and which currency will be received.

While all banks add this mark-up, the extra amount being charged is much higher than it would be with a global money transfer specialist.

 

Multi-Vendor Quote

We can help you get an even better deal when sending a Large International Money Transfer.

Click below for the Request Quotes form and enter your transfer details (BER account required).

Request Quotes

Save time and money - fewer websites to visit and you get a much better exchange rate & service.

 
 

CHF to ZAR Market Data

Swiss franc (CHF) to South African rand (ZAR) market data - latest interbank exchange rate, trend, chart & historic rates.

 
1 CHF =
21.06We compare provider deals to this wholesale mid-market rate. Read more
ZAR
-0.4%
CHF to ZAR at 20.90 is 3.3% below its 3-month average of 21.62, having traded in a quite stable 5.8% range from 20.88 to 22.10
|
Sell CHF   →   Buy ZAR
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  1 ZAR = 0.047475 CHF
DateCHF/ZARChangePeriod
13 Mar 2024
21.14
1.1% 2 Week
28 Dec 2023
22.03
5.1% 3 Month
28 Mar 2023
19.73
5.9% 1 Year
29 Mar 2019
14.57
43.4% 5 Year
30 Mar 2014
11.94
75% 10 Year
01 Apr 2004
5.0179
316.5% 20 Year
CHF/ZAR historic rates & change to 27-Mar-2024
 

What are equivalent amounts of CHF and ZAR?

Here are some popular conversion amounts for CHF to ZAR (Swiss franc to South African rand)*.

CHF ZAR
Fr. 1 R 21.06
Fr. 5 R 105.30
Fr. 10 R 210.60
Fr. 20 R 421.20
Fr. 50 R 1,053
Fr. 100 R 2,106
Fr. 250 R 5,265
Fr. 500 R 10,530
Fr. 1,000 R 21,060
Fr. 2,000 R 42,120
Fr. 5,000 R 105,300
Fr. 10,000 R 210,600
Fr. 20,000 R 421,200
Fr. 50,000 R 1,053,000
Fr. 100,000 R 2,106,000
CHF ZAR
Fr. 0.0475 R 1
Fr. 0.2374 R 5
Fr. 0.4748 R 10
Fr. 0.9495 R 20
Fr. 2.3738 R 50
Fr. 4.7475 R 100
Fr. 11.87 R 250
Fr. 23.74 R 500
Fr. 47.48 R 1,000
Fr. 94.95 R 2,000
Fr. 237.38 R 5,000
Fr. 474.75 R 10,000
Fr. 949.50 R 20,000
Fr. 2,374 R 50,000
Fr. 4,748 R 100,000

More amounts

*Converted at the current CHFZAR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

Forecasts for CHF to ZAR

 

Based on recent exchange rate analyst forecasts and currency market updates, the CHF to ZAR exchange rate is currently trading at around 21.00, which is approximately 3.0% below its 3-month average of 21.65, with a stable trading range observed between 20.97 and 22.10. FX analysts at ING predict that the Swiss National Bank (SNB) is likely to maintain its interest rates for a longer period compared to the Fed and the ECB, with potential rate cuts expected no earlier than December 2024. Furthermore, the SNB's decision to shift focus away from foreign exchange sales may contribute to stability in the EUR/CHF pairing around 0.95/0.96.

Read our full review of recent CHF to ZAR forecasts.

 

How to get a good CHF to ZAR exchange rate

There are several ways to save on exchange rates when converting Swiss franc to South African rand:

  1. Shop around for the best CHF/ZAR exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
  2. Timing is important: Keep an eye on the CHF/ZAR rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
  3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
  4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both CHF and ZAR at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
  5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

The key is reducing excessive costs and fees

Generally speaking, if you are buying South African rand with Swiss franc, then it's better for the CHF/ZAR exchange rate to be higher.

However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).

The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

Will the Swiss franc rise against the South African rand?

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add CHF/ZAR to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending


 

Read our Currency guide to South Africa - a practical currency and money guide to travel, living and doing business in South Africa with the South African rand.

 
 
 

Currency Country Guides

SwitzerlandSwitzerland (CHF)South AfricaSouth Africa (ZAR)
 

Is it safe in South Africa?

South Africa has a high crime rate, and certain areas or neighborhoods can be dangerous for foreigners. However, many areas are safe and tourist-friendly. It is important to exercise caution and be aware of your surroundings, avoid carrying valuables and stay in well-populated areas. Americans travelling to South Africa are recommended to check the U.S. Department of State website for travel advisories and to register with the Smart Traveler Enrollment Program.

What is the cost of living in South Africa?

The cost of living in South Africa is relatively low compared to other countries in the world. However, it is important to note that the cost of living can vary greatly depending on the specific location within the country.

Read more at our South Africa (ZAR) country guide

   
 
 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more

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